When we look out a year and a bit Wheat is looking to be at a big premium to this Dec wheat, so at this extreme will add in a long dec/dec calendar tot eh already short put position.
Please hit me up if anyone has any questions when looking to try one of these low cost spread trades.
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based on buying power used we have a good ROI in this trade now so closing now or at least part of this would make it a great trade.